Three German companies invest in foodtech projects to promote sustainable food production.
Venture firm BayWa Venture, processing machine maker MULTIVAC and the Bindewald and milling group Gutting Mühlengruppe announced they will jointly invest €20 million (US $22 million) in agrifoodtech start-ups vis a combined venture called AgriFoodTech Venture.
AgriFoodTech Venture already has a startup portfolio of 12 companies from Europe, Israel and the United States. The group said it plans to…
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